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Daily Note | December 12, 2023 | CPI Day, Loan Funds Raise. And Cut

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Yield Hunting
Dec 12, 2023
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CPI Day!

Markets are up slightly awaiting the November inflation data.  Yesterday, markets ended up with a moderate rally after treading water for most of the day.  

Interest rates are lower ahead of the report following a bump in rates yesterday with the 10-yr going from 4.17% to 4.28%.  Today, they are back down 4.19%.  

Here are the CPI expectations:

Hea…

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